Which funds does HedgeFollow count as hedge funds?
HedgeFollow tracks every institution that files a 13F, and groups them so you can choose whose trades to count: hedge funds, all institutional investors, outperforming funds (3+ stars) or strongly outperforming funds (4+ stars).
- Hedge funds: hedge funds in the broad sense, including private equity and venture firms that file 13Fs, and famous investors such as Berkshire Hathaway that aren't legally hedge funds. Large banks, market makers and similar institutions are left out.
- Popular hedge funds: the best-known funds, run by famous investors such as Warren Buffett, David Tepper and Bill Ackman.
- All institutional investors: every 13F filer, including banks, pension funds, insurers and market makers.
- Outperforming funds: funds rated 3 stars or more, which outperformed 60% of rated funds.
- Strongly outperforming funds: funds rated 4 stars or more, the top 20%.
The groups overlap: outperforming funds can be any kind of institution, and strongly outperforming funds are a subset of outperforming funds. The menus on stock pages, lists and tools let you pick a group, and every count and total on the page follows it.
Related pages: Hedge Funds 101: types of funds